(Actions required only when a specific event happens) Apart from yearly compliances, certain filings are required whenever a major change or event occurs in the company.Below is a simple list of common events and the compliances triggered by each. 1.…
(Simple guidance on what you may need and why) These registrations are not always mandatory, but they are important for smooth business operations and future growth. MSME Registration (Udyam) – Recommended Why you should take it: Easy to get loans,…
A Private Limited Company must complete certain compliances every year.Use this as a ready checklist to know what to do and by when. 1. Board Meetings (Every Year) Small Company: Minimum 2 meetings in a year (one in each half…
(Items every company should prepare immediately after registration) Once your company is incorporated, you should set up basic stationery and identity materials for smooth business operations. Below is a simple checklist. 1. Company Hoarding/Name Board (At Registered Office) A name…
(Mandatory steps every company must complete after incorporation) After the company is incorporated, several compliances must be completed within specific timelines. Delay attracts penalties. Use this as a simple checklist. 1. Appointment of the First Auditor Deadline: Within 30 days…
Need more information about WOS? Yes, You Can Hold AGM Virtually! Thanks to various circulars from the Ministry of Corporate Affairs (MCA) (like 14/2020, 20/2020, 09/2023, and 09/2024), companies in India are allowed to conduct AGMs through Video Conferencing (VC)…
As Indian businesses expand globally, it’s increasingly common for directors to reside outside India. This raises several compliance questions: Can You Conduct a Board Meeting When Directors Are Abroad? Yes. The Companies Act, 2013 allows directors to participate in board…
Introduction: The Form PAS-6 Reconciliation of Share Capital Audit Report plays a vital role for unlisted public companies in India. It ensures that their share capital records align with the data maintained by depositories, offering transparency and compliance with legal…
The Companies Act,2013, mandates board meetings as essential mechanisms for corporate governance, where key decisions on company management and policy are deliberated and authorized. This article outlines the purpose, legal provisions, and practical aspects of board meetings to guide compliance…
Section 181 of the Companies Act, 2013 talks about the power of the board of directors of the company to contribute in the bonafide charitable organization. This section restricts the power of board of directors by inserting a cap of…
